Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
I'm going to talk to you today about how to make sure your bills are paid. There are several financial management programs online some are free and some you have to pay. There is also the excel spreadsheet that was mentioned in one of the previous posts.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
Free:
- Quicken Online Edition – Free!
-Mint
This is a great way to keep track of your spending and all of your bills which is a major step in getting out of debt.
Set Priorities
1.If you owe money to a collection company for a bill that isn't recurring such as a final phone bill etc, make sure to work on paying those off. You can probably contact the company and arrange payment plans. This is a quick way to eliminate one debt and see results.
2.Organize bills and debt to what needs to be paid in the beginning of the month to what needs to be paid at the end. You can allocate your paycheck to pay all your bills at once or 1 check for the beginning payments in the month and the other check for your final bill payments (mid month to end of the month) bills. In my opinion, paying your bills off with the first check is much easier but this all depends on how much money you will need until your next paycheck. As stated before it is all a matter of budgeting.
3. If you have extra money start a fund for emergencies or savings.
Allocating your money
1. Bills
2. Food
3. Gas
4. Leisure
5. Savings
6. Emergencies
7. College fund (if you have children)
8. Debt owed
If you want to pay someone to help manage finances you can always hire a financial planner.
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